Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Norwegian Air Shuttle ASA ( (GB:0FGH) ) has issued an announcement.
Norwegian Air Shuttle ASA has agreed to purchase 11 LEAP-1B spare engines from CFM International to support its Boeing 737 MAX fleet. This strategic move aligns with Norwegian’s long-term fleet strategy, enhancing operational resilience and sustainability by improving efficiency and reducing emissions. The engines are scheduled for delivery in 2027 and 2028, and the company is securing long-term financing for the transaction.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK14.00 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is an airline company that operates in the aviation industry, focusing on providing air travel services with a fleet of modern aircraft, including the Boeing 737 MAX. The company is committed to sustainability and operational efficiency, aiming to reduce emissions through the use of advanced technology.
Average Trading Volume: 10,043,049
Current Market Cap: NOK13.84B
See more insights into 0FGH stock on TipRanks’ Stock Analysis page.